Trump Nominates Ex-CFTC Commissioner Kristin Johnson and Three Others to SEC, CFTC
By Unchained
AI summary of the source article
President Donald Trump nominated four individuals to the SEC and CFTC on Nov. 12, splitting picks between Democrats and Republicans. The nominees include Kristin N. Johnson and Steven Levine for the SEC, and Nathan Anonick and Matthew Rowland for the CFTC.
Why it matters
Coin Center Executive Director Peter Van Valkenburgh stated that the CFTC lacking a bipartisan set of commissioners "would make its crypto decisions harder."
Key facts
- The nominations mark the first across-party picks to either agency by the administration, comprising two Democrats and two Republicans.
- The SEC currently has two sitting commissioners, while CFTC Chairman Mike Selig runs his agency alone.
- If confirmed by the Senate, the SEC would have four of five seats filled and the CFTC would have three of five.
Source excerpt · Unchained
Two Democrats and two Republicans head to the Senate for seats at the two U.S. market regulators, including the one Hester Peirce held, and two of the picks helped shape the Clarity Act. The post Trump Nominates Ex-CFTC Commissioner Kristin Johnson and Three Others to SEC, CFTC appeared first on Unchained .